Odaily Crypto Daily News: Nasdaq-listed Axe Compute Inc. (NASDAQ: AGPU) has announced today that it has inked a 36-month contract worth approximately $260 million for AI infrastructure with a corporate client. This deployment includes a dedicated cluster of 2,304 NVIDIA B300 GPUs and a high-speed AI storage system, expected to go live in Q3 2026 at a Tier 3 data center in the U.S. This is the largest single corporate contract since Axe Compute's inception.

Axe Compute's underlying computational infrastructure is powered by Aethir's decentralized GPU cloud. The contract comes with dedicated 4.8 MW N+1 redundant power, with deployment locations and service standards specified by the client, utilizing a structured payment arrangement.

Aethir co-founder and CEO Daniel Wang stated that this contract is the result of months of deep collaboration between the two teams: "The enterprise-grade workload powered by 2,304 NVIDIA B300 GPUs is exactly the scale we aimed for when building Aethir's computing infrastructure. Today's announcement proves that decentralized GPU infrastructure is now capable of handling AI workloads from top global enterprises."

After the news dropped, Axe Compute (NASDAQ: AGPU) saw some intense price action, with an intraday high increase of over 166%, hitting $14.47, and the trading volume skyrocketed over a hundred times the three-month average.